Collier on Bankruptcy Taxation

FRED T. WITT is the sole member of Fred Witt P.L.C. and practices law in Phoenix, Arizona. He is a member of the Arizona bar. Mr. Witt received a B.S. from Nebraska Wesleyan University, a J.D. from the University of Nebraska College of Law and an LL.M. (in taxation) from New York University. He is a frequent author and speaker on federal tax matters, particularly relating to bankruptcy tax matters. He has written articles appearing in such publications as The Journal of Taxation, The Tax Lawyer and Virginia Tax Review. Mr. Witt is chair of the Section 108 Real Estate and Partnership Task Force formed by the Real Estate, Individual Investment and Partnership Committees and is a past chair of the Real Estate Committee of the American Bar Association Section of Taxation.

MYRON M. SHEINFELD is retired senior counsel at King & Spalding LLP in Houston, Texas. From 1974 to 1991, he was an Adjunct Professor of Law, University of Texas Law School. Mr. Sheinfeld is admitted to practice before the United States Supreme Court; the United States Courts of Appeals, Fifth and Eleventh Circuits; and the United States District Court, Northern, Southern, and Western Districts of Texas. He received his B.A. from Tulane University in 1951, Phi Beta Kappa, and his J.D. from the University of Michigan in 1954. Mr. Sheinfeld is a member of the following: National Bankruptcy Conference; American College of Bankruptcy (former Vice President and Director), Houston (Chairman, Creditors' Rights Committee, 1969) and American Bar Associations; State Bar of Texas (Director, 1969; Secretary, Tax Section 1971; Chairman, Corporation, Business and Banking Law Section, 1980'1981); Member, American Bar Foundation, Texas Bar Foundation; Chairman, Bankruptcy Advisory Commission, Texas (1974–1999): Texas Board of Legal Specialization; and ABA Committee on Specialization. Mr. Sheinfeld has also lectured at the University of Texas Annual Bankruptcy Institute and numerous bankruptcy programs, seminars and conferences for judges and practitioners throughout the United States.

MILTON B. HYMAN is a partner emeritus with Irell & Manella LLP, Los Angeles, California, and was admitted to the California bar in 1967. Mr. Hyman received his B.A. in Economics with Highest Honors, Phi Beta Kappa, from the University of California at Los Angeles in 1963, and his J.D. magna cum laude from Harvard University in 1966. At Harvard, Mr. Hyman was a member of the Board of Editors of the Harvard Law Review and received the Harvard University Sheldon Travelling Fellowship. Mr. Hyman has acted as special tax counsel to debtors in possession and creditors' committees in major corporate reorganizations under the Bankruptcy Act and the Bankruptcy Code. As tax counsel he has been responsible for bankruptcy tax planning, as well as the resolution in a bankruptcy reorganization context of significant tax matters with the IRS and other taxing authorities. He is a contributor to and co━author of many tax publications, and is a frequent lecturer and panelist on issues of corporate and partnership taxation, including preservation and use of net operating losses, consolidated returns and other tax attributes. Mr. Hyman is a member of the State Bar of California, the American Bar Association and the American Law Institute, Tax Advisory Group, Federal Income Project. He is a past chairman of the Committee on Affiliated and Related Corporations and of the Corporate Tax Committee of the ABA Tax Section.

TODD F. MAYNES is a tax partner for Kirkland & Ellis LLP, in Chicago. He focuses his practice on the tax aspects of debt restructurings, bankruptcy and insolvency. Mr. Maynes has been the lead tax advisor in some of the largest bankruptcies and restructurings of all time, including TXU (Energy Future Holdings), United Airlines, Conseco, Calpine, Charter Communications, Visteon, Tronox, Linn Energy and WR Grace. Mr. Maynes teaches bankruptcy taxation at Northwestern University School of Law and the University of Chicago, and lectures frequently at the University of Michigan Law School. He has published many articles on tax matters, speaks frequently at tax conferences and is the author of the BNA Portfolio on Start━Up Expenses. Mr. Maynes is the only currently practicing tax attorney who is a member of the National Bankruptcy Conference. For 2015 and 2017, he was named Lawyer of the Year for Tax Law in Chicago, as awarded by The Best Lawyers in America. In 2017, he was named one of the inaugural 500 members of Law360's Hall of Fame. In 2016, he received the Brigham Young University Law School's Alumni Achievement Award. He has been listed in The Best Lawyers in America, The Legal 500 U.S. and as one of the Illinois Super Lawyers. Mr. Maynes is a graduate of Brigham Young University (B.A., magna cum laude, 1984; J.D., magna cum laude, 1987). Following law school, he was a law clerk for Judge Kenneth F. Ripple, U.S. Court of Appeals for the Seventh Circuit.